Germany-Inflation/Mideast Tensions
Germany-Inflation/Mideast Tensions
Dateline : March 30/31, 2026/File
Location : Germany
Duration : 1'47
Beijing, China - March 30, 2026 (CCTV - No access Chinese mainland)
1. Screenshots of report released by Federal Statistical Office of Germany
FILE: Berlin, Germany - March 16, 2022 (CCTV - No access Chinese mainland)
2. Various of Reichstag building, national flags of Germany
FILE: Berlin, Germany - March 14, 2022 (CCTV - No access Chinese mainland)
3. Gas station
4. Various of driver pumping gas
FILE: Metzingen, Germany - Nov 24, 2023 (CCTV - No access Chinese mainland)
5. Various of shoppers picking items, walking in outlet mall
FILE: Frankfurt, Germany - March 23, 2021 (CGTN - No access Chinese mainland)
6. Various of people sitting on benches
FILE: Berlin, Germany - Nov 24, 2021 (CCTV - No access Chinese mainland)
7. Trams running
8. Various of pedestrians, stores
FILE: Frankfurt, Germany - Oct 24, 2019 (CCTV - No access Chinese mainland)
9. Various of city view, buildings, bridge, pedestrians
Tehran, Iran - March 30, 2026 (CCTV - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
10. Various of smoke rising after explosions, buildings at night
Tehran, Iran - March 31, 2026 (CCTV - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
11. Various of smoke rising after explosions, buildings
German inflation in March rose to its highest level since January 2024, as a surge in energy prices driven by escalating tensions in the Middle East pushed up costs across the economy, official data showed on Monday.
The inflation rate climbed to 2.7 percent in March, up from 1.9 percent in February and around 2 percent in recent months, according to the Federal Statistical Office (Destatis).
Energy prices increased by 7.2 percent year-on-year, reversing a downward trend and marking their first rise since December 2023, Destatis said. By contrast, price growth in services and food remained broadly unchanged.
The data underscores a renewed inflationary impulse from energy costs, which had eased after surging during the Russia-Ukraine conflict but remain above pre-crisis levels.
In a monthly report published last week, the Deutsche Bundesbank warned that rising energy prices linked to the Middle East conflict were weighing on both businesses and households and could drag on Germany's economic growth in the first half of the year.
The central bank expects inflation in Europe's largest economy to pick up further in the coming months, potentially reaching around 3 percent in the near term. A prolonged conflict could keep inflation elevated for longer, it added.
Higher oil, gas and even electricity costs are also feeding into German companies' pricing plans. A survey by the Munich-based ifo Institute on Monday showed its price expectations index jumped to 25.3 points in March from 20.3 in the previous month, hitting the highest level in three years.
ID : 8472705
Published : 2026-03-31 16:22
Last Modified : 2026-03-31 20:55:53
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : see shotlist
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